(AMTB) Mercantil Bank complete technical analysis [charts+indicators] | Buy/Sell Mercantil Bank | (AMTB) share price targets
Complete technical analysis of Mercantil Bank (AMTB) by charts plus indicators, forecast predictions and share price targets for Mercantil Bank (AMTB)
Mercantil Bank trades in USA in Finance sector.
Showing technical analysis as on 2024-02-09 View latest technical analysis
10 day averaged volume of Mercantil Bank is 118860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 22.69 | 22.29 | 22.75 | 22.13 | 0.872 times |
| 08 Thu Feb 2024 | 22.16 | 21.75 | 22.26 | 21.69 | 0.924 times |
| 07 Wed Feb 2024 | 21.90 | 21.69 | 22.07 | 20.97 | 1.222 times |
| 06 Tue Feb 2024 | 21.84 | 21.84 | 22.12 | 21.79 | 0.999 times |
| 05 Mon Feb 2024 | 21.79 | 21.76 | 21.98 | 21.42 | 0.958 times |
| 02 Fri Feb 2024 | 22.13 | 21.69 | 22.32 | 21.69 | 0.811 times |
| 01 Thu Feb 2024 | 22.29 | 22.67 | 22.67 | 21.80 | 0.931 times |
| 31 Wed Jan 2024 | 22.61 | 23.02 | 23.51 | 22.51 | 1.116 times |
| 30 Tue Jan 2024 | 23.49 | 23.78 | 23.95 | 23.24 | 0.696 times |
| 29 Mon Jan 2024 | 24.01 | 24.37 | 24.43 | 23.71 | 1.153 times |
My analysis of stock is bearish for shortterm, and stock might move down till 22.1 or till 21.1. Use a stoploss of 22.99 and if the stock hits stoploss, then it can shoot up till 23.85
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 16.63 |
| Downside Target | 17.75 |
| Downside Target | 19.80 |
| Downside Target | 20.54 |
| Downside Target | 20.97 |
| Downside Target | 21.67 |
| Downside Target | 22.19 |
| Upside Target | 22.75 |
| Upside Target | 23.28 |
| Upside Target | 23.82 |
| Upside Target | 24.43 |
| Upside Target | 24.62 |
| Upside Target | 25.20 |
| Upside Target | 26.13 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 21.52 |
| Downside Intraday Target | 20.36 |
| Upside Intraday Target | 23.3 |
| Upside Intraday Target | 23.92 |
| Downside Intraday Target | 22.14 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 22.69 | 21.76 | 22.75 | 20.97 | 1.057 times |
| 02 Fri Feb 2024 | 22.13 | 24.37 | 24.43 | 21.69 | 1.046 times |
| 26 Fri Jan 2024 | 24.17 | 23.55 | 24.62 | 22.81 | 1.705 times |
| 19 Fri Jan 2024 | 23.25 | 22.94 | 23.28 | 22.19 | 4.828 times |
| 12 Fri Jan 2024 | 23.20 | 23.82 | 23.82 | 23.01 | 0.22 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mercantil Bank (AMTB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 22.69 | 22.67 | 22.75 | 20.97 | 0.411 times |
| 31 Wed Jan 2024 | 22.61 | 24.43 | 25.20 | 22.19 | 1.132 times |
| 29 Fri Dec 2023 | 24.57 | 20.54 | 26.13 | 20.54 | 1.653 times |
| 30 Thu Nov 2023 | 20.71 | 18.07 | 21.67 | 17.75 | 0.762 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercantil Bank (AMTB)
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantil Bank in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantil Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mercantil Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.48 and Mercantil Bank (AMTB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Mercantil Bank (AMTB) stock. Volume based technical analysis of Mercantil Bank (AMTB) stock is negative.
Mercantil Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantil Bank in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantil Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mercantil Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.48 and Mercantil Bank (AMTB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Mercantil Bank (AMTB) stock. Volume based technical analysis of Mercantil Bank (AMTB) stock is negative.
Mercantil Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.